How much does Neverland cost? We'll find out soon enough
We previously thought Michael Jackson’s Neverland Ranch would cost around $60m, but various reports are suggesting that the 1040-hectare (2,600-acre) estate could fetch anything up to $85m, making our provisional estimation seem like a bonafide bargain.
Michael Jackson's Neverland
The ranch, which was acquired by the King of Pop back in the late 80s, was valued st at $30m by California property experts, but given the context of the property and land, it looks like it could sell for between $75m and $85m. Colony Capital bought a $23.5m stake in the property just before Jackson's died from a drug overdose and heart attack in 2009.
Continue reading: Could Michael Jackson's Neverland Ranch Fetch Up To $85m?
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